According to a report from ETAuto, the company reported tractor sales up 2% year-over-year last month, with 24,017 units sold, compared to 23,539 sold in May 2019.
With mounting fears brought on by the coronavirus, some expected sales of farm machinery would take a hit in April. While North American dealer unit sales fell for large ag equipment in April, declines moderated from March.
Unit sales of agricultural tractors and self-propelled combines in April 2020 rose in the U.S. according to the latest data from the Assn. of Equipment Manufacturers (AEM), putting total unit sales year-to-date roughly flat with 2019.
After due consideration and analysis of trends in agriculture and manufacturing, Buhler Industries has announced that it is optimizing production in the United States by increasing production at the facility in Willmar, Minn.
Ag equipment exports from Ukraine fell 9.4% in 2019 to a total value of $37.6 million according to a report from Ukrinform. Exports of tractors totaled $3.3 million in 2019, down 55.4% from $7.4 million in 2018.
A 23% surge in tillage equipment sales to growers in the U.S. helped Lemken maintain 2019 revenues at the same level as in the prior year. Global sales reached €380 million ($410 million), making the 12 month period ended December 2019 equal to the best year ever for the German manufacturer.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.